Ctw Foundation Inc

NEWARK, DE EIN: 51-6011637

CTW Foundation Inc is a private foundation incorporated in Delaware in 1951 and based in Newark, Delaware. The foundation operates as a 501(c)(3) tax-exempt organization and has been tax-exempt since May 1954.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.1M

+0.8% YoY

Annual Giving

$623K

+0.8% YoY

Grant Count

24

+0.0% YoY

Avg Grant Size

$26K

+0.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of nonprofit organizations with particular emphasis on:

  • Arts and culture
  • Education (secondary, higher, and law education)
  • Health and medical services (hospitals, clinics, hospices)
  • Social services
  • Services for people with disabilities
  • Environmental conservation
  • Nursing

Grantmaking

No specific application deadlines or formal application procedures are documented in available sources.

Review Cycle

or formal application procedures are documented in available sources.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily supports nonprofit organizations in:

  • New Jersey (primary focus)
  • Florida
  • Maryland

Grant Distribution by State

8states

Cities

Asbury ParkBaltimoreBedminsterBoydsCanaanClearwaterClintonDenverFar HillsFlorham ParkGoshenHightstownJupiterMillstone TownshipMonroe TownshipMorristownPolandRockvilleWilmington

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $11,072,539
  • Total revenues: $816,069
  • Total expenses: $730,849
  • Investment income and dividends: $433,440
  • Net gain from sale of non-inventory assets: $382,535

As of 2023:

  • Total assets: $11,000,000
  • Total revenues: $675,000
  • Total expenses: $687,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$273K$547K$820K$1M20202021202220232024
Metric202420232022
Total Assets$11,072,539$10,979,809$10,992,113
Revenue$816,069$674,776$343,555
Expenses$730,849$687,080$834,880
Qualifying Distributions$622,500$617,500$788,553
Net Investment Income$785,584$650,800$424,343
Distributable Amount$774,955$705,980$724,983

Giving Over Time

Total grant dollars and number of grants per year

$0$189K$378K$566K$755K1 grants20201 grants20211 grants202224 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HERBERT WERTHEIM UF SCRI…$75KFREEDOM HOUSE$50KJUPITER MEDICAL CENTER F…$50KNEW JERSEY CONSERVATION …$50KTHE SHAKESPEARE THEATRE …$40KHARRIET L WILKES HONOR C…$40KEL SOL JUPITER'S NEIGHBO…$35KFISHER HOUSE FOUNDATION …$25KMORRIS ANIMAL FOUNDATION$25KWARRIOR CANINE CONNECTION$25K

Grant Size Distribution

51 grants across all recorded years

41<$50K7$50–100K$100–250K$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRUCE R TUCKERTREASURER/DIRECTOR1
FINN M W CASPERSEN JRVICE PRESIDENT/DIRECTOR1
GERALD L HOLMPRESIDENT/DIRECTOR1

Contact Information

Address: 220 Continental Dr Suite 112, Newark, DE 19713-4304

Telephone: 302-737-6200

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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